Canadian National Railway

Government of Canada takes steps toward implementing innovative technologies to improve rail safety

Retrieved on: 
Friday, February 4, 2022
Transportation Safety Board of Canada, Industry, News, Municipal government in Canada, Intention, Notice of Intent to Lien, Canadian Pacific Railway, Severe cognitive impairment, Investment, Twitter, Person, Risk, Canadian National Railway, Technology, Government, Accident, Safety, Movement, Transport Canada, Positive train control, Transportation Safety Board, Instagram, Canada Gazette, YouTube, Oil, Rail transport, Risk management, Facebook

These technologies will provide an additional layer of safety in transporting people and goods across the country's vast railway network.

Key Points: 
  • These technologies will provide an additional layer of safety in transporting people and goods across the country's vast railway network.
  • At their most advanced level of functionality, Enhanced Train Control technologies can stop a train's movement to prevent a collision or derailment.
  • Enhanced Train Control technologies represent an innovative means to further improve rail safety in Canada."
  • Both the Transportation Safety Board of Canada and the 2018 Railway Safety Act Review Panel recommended that Transport Canada develop a Canadian approach to implementing Enhanced Train Control in Canada.

Wi-Tronix Welcomes Distinguished Rail Industry Veteran Ed Harris to Board of Directors

Retrieved on: 
Tuesday, February 1, 2022
CSX Corporation, CEO, Safety, Operation, CN, National Railway, LLC, Rail transport by country, Canadian National Railway, Technology, Efficiency, Board, Executive, Illinois Central Railroad, Knowledge, Canadian Pacific Railway, IOT, Industry, Movement, Director, Rail transport

BOLINGBROOK, Ill., Feb. 1, 2022 /PRNewswire-PRWeb/ --Wi-Tronix, LLC is excited to announce Ed Harris, has joined the Wi-Tronix Board of Directors as a Member of the Board.

Key Points: 
  • BOLINGBROOK, Ill., Feb. 1, 2022 /PRNewswire-PRWeb/ --Wi-Tronix, LLC is excited to announce Ed Harris, has joined the Wi-Tronix Board of Directors as a Member of the Board.
  • Harris, a retired rail industry veteran and the current Director at Duos Technology, will bring a vast wealth of knowledge to Wi-Tronix.
  • During his professional tenure, Harris focused on projects ranging from oversight of safety to performance metrics to operational planning.
  • "I have long admired the innovative work and actions Wi-Tronix takes towards safety, service, and even employee recognition," said Ed Harris.

Fortune Minerals Secures Option to Purchase Brownfield Site in Alberta’s Industrial Heartland for NICO Refinery

Retrieved on: 
Monday, January 24, 2022
Natural Resources, Manufacturing, Mining, Minerals, Steel, Bismuth, Natural gas, Glass, Legislation, LinkedIn, Mineral, Feasibility study, Alberta's Industrial Heartland, Reserve, Temperature, Nickel, Industry, Canadian National Railway, TSX, Cobalt, Lead, Transport, Policy, Association, Technology, COVID-19, Hay River, Gold, NICO, National Strategic and Critical Minerals Production Act of 2013, Company, Head, Paint, Type, ESG, SEDAR, News, Copper, Disclosure, Technical report, Alloy, Metal, Growth, Mining, Democratic republic, Local, Technical Report Archive & Image Library, Fortune, Time, Aluminium, NWT, Congo, Ministry of Oil and Mineral Reserves (Syria), Resource management, Electricity, Exercise, West Central Railway zone, National instrument, Recycling, Workforce, Risk, Cosmetics, Lithium, Oil, EBITDA, Whatì

Fortune intends to acquire this brownfield site in order to construct the hydrometallurgical refinery for the planned NICO Cobalt-Gold-Bismuth-Copper mine in the Northwest Territories (NWT).

Key Points: 
  • Fortune intends to acquire this brownfield site in order to construct the hydrometallurgical refinery for the planned NICO Cobalt-Gold-Bismuth-Copper mine in the Northwest Territories (NWT).
  • Fortune Minerals new facility will add to Albertas mineral refining capacity and will bring exciting economic opportunities to the province.
  • Our province has the experienced workforce, and the necessary infrastructure to support continued growth in the minerals sector, and there is no better place for a new Critical Minerals refinery than Albertas Industrial Heartland.
  • Fortune Minerals innovative vision and metallurgical process technology for the NICO Refinery will promote further energy supply chain integration within North America, solidifying Alberta and Albertas Industrial Heartland as a critical jurisdiction for Canadas energy future.

CSX Announces Death of Executive Vice President Mark Wallace

Retrieved on: 
Monday, November 29, 2021
CSX Corporation, Industry, Transport, Cancer, Solution, National Railway, Family, GLOBE, CSX, Marketing, Knowledge, Canadian Pacific Railway, Canadian National Railway, Humour, NASDAQ, Life, Industrialisation, Management, Intermodal freight transport

JACKSONVILLE, Fla., Nov. 29, 2021 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced the passing of Mark K. Wallace, executive vice president of the company, on Sunday following a courageous battle with cancer.

Key Points: 
  • JACKSONVILLE, Fla., Nov. 29, 2021 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced the passing of Mark K. Wallace, executive vice president of the company, on Sunday following a courageous battle with cancer.
  • James M. Foote, CSX president and chief executive officer, stated: The entire CSX organization is mourning Marks loss, and we extend our deepest sympathies to his family.
  • Wallace joined CSX as executive vice president of corporate affairs and chief of staff in spring 2017, becoming an integral contributor to CSXs transformation to an operating model that delivers best-in-class safety performance, customer service and shareholder value.
  • Named executive vice president of sales and marketing in July 2018, Wallace delivered strategies that advanced the CSX sales and marketing organization from being a service provider to a proactive supply chain partner.

CN and Progress Rail Advance Sustainability Efforts with a Renewable Fuels Partnership

Retrieved on: 
Wednesday, November 3, 2021
Recycling, Caterpillar Inc., LinkedIn, Renewable Energy Group, Goal, Industry, Carbon, Twitter, Transport, Welding, Progress Rail, REG, CN, YouTube, United Arab Emirates, Canadian National Railway, Natural Resources, United Kingdom, GHG, Investment, Progress, Environment, Biorefinery, Program, Solution, Acquisition, Sustainability, National Railway Company of Belgium, Social responsibility, GLOBE, EMD, Oil, Renewable energy

This program will allow CN and Progress Rail to better understand the long-term durability and operational impacts of renewable fuels on locomotives, especially in cold weather and plan needed modifications to fully leverage their usage over the next decade.

Key Points: 
  • This program will allow CN and Progress Rail to better understand the long-term durability and operational impacts of renewable fuels on locomotives, especially in cold weather and plan needed modifications to fully leverage their usage over the next decade.
  • The successful testing and procurement of renewable fuels is part of a portfolio of initiatives to meet our 2030 science-based target.
  • Renewable Energy Group, Inc. is leading the energy and transportation industries transition to sustainability by converting renewable resources into high-quality, sustainable fuels.
  • Renewable Energy Group is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future.

Canadian National Railway Company fined $2.5 million for Fisheries Act offence

Retrieved on: 
Thursday, September 16, 2021
Water, Fishery, Government of Canada, Herbicide, Salmon and Freshwater Fisheries Act 1923, Fund, Fisheries Act, British Columbia Conservation Officer Service, Canadian National Railway, Wetland, Integrated pest management, Environment and Climate Change Canada, Government, Environment, Plant, Biophysical environment, National Railway Company of Belgium, Skeena River, Compliance, ECCC, PRINCE, Pesticide, Registry, Prince Rupert of the Rhine, Oil, Health insurance

On September 15, 2021, Canadian National Railway Company (CN Rail) pleaded guilty in Prince Rupert Provincial Court to a charge of violating subsection 36(3) of theFisheries Act in relation to the deposit of pesticides in or around waters frequented by fish.

Key Points: 
  • On September 15, 2021, Canadian National Railway Company (CN Rail) pleaded guilty in Prince Rupert Provincial Court to a charge of violating subsection 36(3) of theFisheries Act in relation to the deposit of pesticides in or around waters frequented by fish.
  • The company was fined $2.5 million, which will be directed to the Government of Canada's Environmental Damages Fund.
  • Because the rail corridor runs along the Skeena River and over many tributaries and wetlands, officers conducted an inspection to verify compliance with the Fisheries Act.
  • On May 27, 2021, CN Rail pleaded guilty to one violation under the provincial Integrated Pest Management Act.

Kansas City Southern Receives Revised Proposal from Canadian Pacific That Board of Directors Determines is a "Company Superior Proposal"

Retrieved on: 
Sunday, September 12, 2021
Trucking, Rail, Maritime, Air, Transport, Logistics, Supply Chain Management

Kansas City Southern (NYSE: KSU) (KCS) today announced that the KCS Board of Directors determined that CPs revised proposal constitutes a Company Superior Proposal as defined in KCSs merger agreement with Canadian National Railway Company (TSX: CNR, NYSE: CNI) (CN).

Key Points: 
  • Kansas City Southern (NYSE: KSU) (KCS) today announced that the KCS Board of Directors determined that CPs revised proposal constitutes a Company Superior Proposal as defined in KCSs merger agreement with Canadian National Railway Company (TSX: CNR, NYSE: CNI) (CN).
  • The KCS Board of Directors made this determination after consultation with the Companys outside legal and financial advisors.
  • BofA Securities and Morgan Stanley & Co. LLC are serving as financial advisors to Kansas City Southern.
  • Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama.

North America Railway Maintenance Machinery Market Regional Opportunity Analysis and Industry Forecast 2021-2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, September 6, 2021
Other Transport, Manufacturing, Rail, Other Manufacturing, Transport

An increase in the number of railway electrification projects fuels the growth of the North America railway maintenance machinery market.

Key Points: 
  • An increase in the number of railway electrification projects fuels the growth of the North America railway maintenance machinery market.
  • In addition, a rise in government spending on building new railway projects, and investing on railway maintenance operation is anticipated to drive the growth of the North America railway maintenance machinery market.
  • However, high costs associated with railway maintenance machineries is anticipated to hamper the growth of the North America railway maintenance machinery market.
  • Conversely, technological integration in the railway maintenance machinery is anticipated to provide lucrative opportunities for the growth of the North America railway maintenance machinery market.

Disposition of Common Shares of Canadian National Railway Company

Retrieved on: 
Friday, August 6, 2021
Cascade Investment, CN, Ownership, Common, Trust, OR, Bill, National Railway Company of Belgium, Indian stock exchange, L.L.C, THE, GLOBE, Canadian National Railway, Security (finance)

(Cascade) announced today that it disposed of 9,527,000 common shares (Common Shares) of Canadian National Railway Company (CN) on August 5, 2021, by transferring ownership and control of the shares in a private transaction for no consideration.

Key Points: 
  • (Cascade) announced today that it disposed of 9,527,000 common shares (Common Shares) of Canadian National Railway Company (CN) on August 5, 2021, by transferring ownership and control of the shares in a private transaction for no consideration.
  • Following completion of the disposition, Cascade owns 77,787,431 Common Shares, representing approximately 10.97% of the issued and outstanding Common Shares.
  • Immediately prior to the disposition, Cascade had owned 87,314,431 Common Shares, representing approximately 12.32% of the issued and outstanding Common Shares.
  • Through Cascade and the Trust, Mr. Gates is deemed to have beneficial ownership of an aggregate 91,694,714 Common Shares, representing approximately 12.93% of the issued and outstanding Common Sharesdown from 101,221,714 Common Shares owned by Cascade and the Trust immediately prior to yesterdays disposition, which had represented 14.28% of the issued and outstanding Common Shares.

U.S. House Transportation Committee Chair Says CN Voting Trust 'Not in the Public Interest' in Letter Submitted to STB

Retrieved on: 
Monday, July 26, 2021
Rail transport by country, Regions of the United States, Transportation in the United States, Minnesota railroads, S&P/TSX 60, Kansas City Southern Railway, Canadian National Railway, Kansas City Southern, Mergers and acquisitions

I am writing to express opposition to the voting trust proposed by Canadian National Railway Company (CN) in its proposed merger with Kansas City Southern Railway Company (KCS).

Key Points: 
  • I am writing to express opposition to the voting trust proposed by Canadian National Railway Company (CN) in its proposed merger with Kansas City Southern Railway Company (KCS).
  • The trust would reduce competition and prejudice the outcome of the Surface Transportation Board's merger proceeding.
  • In general, putting two formerly competitive businesses under a single holding company immediately reduces the parties' incentives to engage in competition.
  • CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.